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Stock Market & Financial Investment News

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December 13, 2013
07:13 EDTAMIDAmerican Midstream Partners acquisition of terminals positive, says Wells Fargo
After American Midstream announced its first dropdown acquisition of terminals from ArcLight Capital Partners for $60M, Wells Fargo thinks the deal diversifies the company's cash flow stream, improves its organic growth profile, and increases the unit's trading liquidity. The firm keeps an Outperform rating on the stock.
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